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Bitcoin Volatility Prompts Massive Sell-Off Among Short-Term Holders
May 24, 2024
Market ImpactBitcoin experienced significant market fluctuations, causing short-term holders to offload their assets at a loss. On May 23, the digital currency's value dipped to around $66,300. This downturn was …
Read moreNigerian High Court Delays Binance Executive Trial Due to Health Concerns
May 24, 2024
A Nigerian High Court has postponed the money laundering trial involving Binance and its executive, Tigran Gambaryan, to June 20 because of Gambaryan's health issues. The Economic and Financial Crimes …
Read moreSEC Approves Ethereum ETFs Amid Market Volatility
May 24, 2024
The U.S. Securities and Exchange Commission (SEC) has given the green light to Ethereum exchange-traded funds (ETFs) via delegated authority, marking a landmark decision that could influence broader cryptocurrency adoption. …
Read moreIn Memoriam: Kabosu, The Original Doge Who Inspired Dogecoin, Passes Away
May 24, 2024
Kabosu, the Shiba Inu who inspired the creation of Dogecoin, has passed away. Kabosu's owner shared the news, reflecting on the impact the beloved dog had on the meme community. …
Read moreU.S. House Passes Bill Banning Federal Reserve From Issuing CBDC
May 24, 2024
The U.S. House of Representatives has approved a bill that aims to prevent the Federal Reserve from issuing a Central Bank Digital Currency (CBDC). This legislation, which received divisive partisan …
Read moreSupreme Court Ruling on Coinbase's Dogecoin Sweepstakes Arbitration Dispute
May 24, 2024
The US Supreme Court denied Coinbase’s motion to compel arbitration related to its Dogecoin (DOGE) sweepstakes on May 23.The judge ruled that “a court, not an arbitrator,” must decide whether …
Read moreMarket Shake-Up: Bitcoin Drops and Ethereum Shows Resilience
May 23, 2024
Market UpdateThe financial markets witnessed a dramatic shift as the S&P; Global US Composite PMI Flash surged to 54.4 in May, according to Trading Economics. This uptick drove expectations for …
Read moreU.S. Bitcoin ETFs Amass 2,212 BTC in a Day, Led by BlackRock and Fidelity
May 23, 2024
Significant Inflows Into Bitcoin ETFsOn May 22, Bitcoin (BTC) exchange-traded funds (ETFs) saw major activity, securing a total of $154.0 million. Farside data indicates that only three ETF issuers recorded …
Read moreEthereum ETF Approval Likely To Boost ETH Prices
May 23, 2024
According to unnamed sources cited by Fox Business, the U.S. Securities and Exchange Commission (SEC) appears poised to approve Ethereum ETFs, marking a significant step for the cryptocurrency. The SEC's …
Read moreBlockchain's Impact on Supply Chains and Rising Bitcoin Stocks
May 23, 2024
Blockchain technology is revolutionizing supply chains across various industries by enhancing transparency, security, and efficiency. Julie Lamb, Head of Events at Crypto Mondays, states that the integration of blockchain can …
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